Risk-Based Capital Now Mandatory for Insurance Companies in Nepal

Kathmandu – Insurance companies in Nepal must now maintain risk-based capital in addition to the minimum paid-up capital set by regulatory authorities. This requirement is outlined in the Insurance Regulations 2081, recently published in the Gazette. The new regulation...


Sharad Ojha Assumes Office as Chairman of Nepal Insurance Authority

Kathmandu – Sharad Ojha has officially assumed office as the chairman of the Nepal Insurance Authority following his appointment by the government. The Cabinet meeting held on Monday, under the leadership of Prime Minister KP Sharma Oli, decided to...


Shikhar Insurance Concludes 20th AGM, Approves 10% Bonus Shares

Kathmandu – Shikhar Insurance Company Limited successfully conducted its 20th Annual General Meeting (AGM) at its central office in Thapathali, Kathmandu. The meeting, chaired by Chairman Gaurav Agarwal, approved key financial resolutions, including a 10% bonus share distribution and...


Reliable Nepal Life Insurance Honors MDRT Achievers

Kathmandu – Reliable Nepal Life Insurance successfully conducted its MDRT honor program, celebrating agents who achieved the 2025 MDRT target. The grand event took place at Hotel Crystal Pashupati in Kathmandu. Chief Executive Officer Narayan Babu Lohani, along with...


Sanima Reliance Life Insurance Announces Dividend for Shareholders

Kathmandu – Sanima Reliance Life Insurance Limited has announced a 9.2489% dividend for its shareholders for this year. The company’s board of directors, in a meeting held on February 24, decided to distribute an 8% cash dividend and a...


MetLife Nepal Announces Important Updates for Customers and Agents

Kathmandu – MetLife Nepal has urged its customers to verify the status of their insurance policies, ensuring that those with mature policies receive their partial or full maturity benefits. Customers can easily access this information by visiting the company’s...


Shikhar Insurance to Hold 20th AGM Today, Proposes 10% Bonus Shares

Kathmandu – Shikhar Insurance Company Limited is conducting its 20th Annual General Meeting (AGM) today at 11 AM at its central office in Thapathali, Kathmandu. As per the board of directors’ decision, the AGM will discuss a proposal to...


Last Day to Secure Dividends of Two Insurance Companies

Kathmandu – Today marks the final opportunity for investors to secure dividends from IME Life Insurance as well as Himalayan Everest Insurance. Both two companies are set to close their books on February 27. Since the Nepal Stock Exchange...


LIC Nepal Completes Opening of Sealed Bids for Unsold Right Shares

Kathmandu – Life Insurance Corporation (Nepal) Limited has completed the opening of sealed bids for its unsold right shares. The bid opening took place on February 24 at Lisara Banquet, Naxal, Kathmandu. The company had issued right shares in...


IGI Prudential Insurance Conducts AML/CFT Training

Kathmandu – IGI Prudential Insurance Limited has recently conducted a training and seminar on compliance and Anti-Money Laundering and Countering the Financing of Terrorism (AML CFT). The event took place at Balthali Village Resort, Kavrepalanchok, in the presence of...